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HomeMy WebLinkAbout9774 - Traffic Signal Facilities on Irvine AvenueRESOLUTION NO. 9774 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH, THE CITY OF COSTA MESA AND THE COUNTY OF ORANGE FOR THE INSTALLATION OF TRAFFIC SIGNAL FACILITIES ON IRVINE AVENUE BETWEEN WESTCLIFF DRIVE (17TH STREET) AND MESA DRIVE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain Cooperative Financing Agreement between the City of Newport Beach, the City of Costa Mesa and the County of Orange for the installa- tion of traffic signal facilities on Irvine Avenue between Westcliff Drive (17th Street) and Mesa Drive; and WHEREAS, the City Council has reviewed the terms and conditions of said agreement and finds them to be satis- factory and that it would be in the best interest of the City to execute said agreement, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the agreement above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 28th day of April. , 1980. Mayor ATTEST: City Clerk ERTIIIED AS T, G ; ; "'!, VAL TY CLEMWM. CITY eF;e...:.,7a . aoj 4/22/80 �; WWI